-
Overall approach6/12
-
Overarching commitment on deforestation0/4
-
Signatory to an initiative tackling deforestation1/1
-
Awareness of the value of forests1/1
-
Deforestation as a business risk0/1
-
High-level management of deforestion0/1
-
Executive compensation linked to deforestation
-
Target to reduce emissions from land-use change2/2
-
Reporting on emissions from land-use change2/2
-
Disclosure of conservation activity
-
Disclosure of reforestation activity
-
Target to reduce emissions in scope 1/2
-
-
Commodity score37/88
-
Palm oil63/88
-
Commitment Strength18/20
-
Commitment to protect priority forests6/8
-
Commitment detailsZero-gross deforestation4/6
-
Commitment applies to all regions, suppliers and operationYes1.3/1.3
-
Target dateCurrent/achieved0.7/0.7
-
Interim target dateNA (target date current or achieved or 2022)0.3/0.3
-
-
Commitment to protect High Carbon Stock areas and/or peatlands5/5
-
Commitment detailsYes3/3
-
Commitment applies to all regions, suppliers and operationYes1.3/1.3
-
Target dateCurrent/achieved0.7/0.7
-
Interim target dateNA (target date current or achieved or 2022)0.3/0.3
-
-
Commitment to a traceable supply chain6/6
-
Commitment detailsTraces to Point of production4/4
-
Commitment applies to all regions, suppliers and operationYes1.3/1.3
-
Target dateCurrent/achieved0.7/0.7
-
Interim target dateNA (target date current or achieved or 2022)0.3/0.3
-
-
-
Social Considerations13/18
-
Labour rights in the supply chainYes4/4
-
Inclusion of small-scale farmersYes4/4
-
Gender equality in the supply chainCommitment to address gender related labour rights including discrimination and harassment1/4
-
Commitment to remediationNo0/2
-
Commitment to ensure Free, Prior and Informed ConsentYes, the company commits to securing FPIC prior to acquiring new interests, developments, or expansions4/4
-
Commitment to resolve land conflictsNo
-
-
Reporting and Implementation32/50
-
Reporting against commitments2/2
-
Commitment to protect priority forestsYes, for all commodity exposure1.7/1.7
-
Commitment to protect High Carbon Stock areas and/or peatlandsYes, for all commodity exposure1.7/1.7
-
Commitment to a traceable supply chainYes, for all commodity exposure1.7/1.7
-
-
Reporting is independently verified1/1
-
Commitment to protect priority forestsYes, using a third-party verification scheme or certification scheme.1/1
-
Commitment to protect High Carbon Stock areas and/or peatlandsYes, using a third-party verification scheme or certification scheme.1/1
-
Commitment to a traceable supply chainYes, using an internal verification system.0.5/1
-
-
Suppliers aligned with deforestation commitments across supply chainYes, required2/2
-
Deforestation cut off dateNo0/2
-
Collaborative actionsYes2/2
-
Risk assessments for forest riskNo0/2
-
Operations assessed to comply with lawYes2/2
-
Accessible grievance mechanismYes, publicly accessible grievance mechanism2/4
-
Report volumes of commodityReporting partial volumes1/2
-
Report verified volumes of commodity100%6/6
-
Upstream: Monitor compliance with human rightsNo0/4
-
Downstream: Publishing supplier listsYes, report direct suppliers; Yes, report indirect suppliers4/4
-
Downstream: Monitor compliance in supply chainYes, for its suppliers production or primary processing operations in its supply chains4/4
-
Downstream: Reporting hectares of deforestationNo0/4
-
Downstream: Engagement with non-compliant suppliersEngage with suppliers but with no time-bound threat of exclusion1/2
-
Downstream: Disclosure of non-compliant suppliersNo disclosure0/2
-
-
-
Pulp & Paper31/88
-
Commitment Strength8/20
-
Commitment to protect priority forests4/8
-
Commitment detailsCredible certification scheme2/6
-
Commitment applies to all regions, suppliers and operationYes1.3/1.3
-
Target dateCurrent/achieved0.7/0.7
-
Interim target dateNA (target date current or achieved or 2022)0.3/0.3
-
-
Commitment to reduce use of virgin wood fibre4/5
-
Commitment detailsYes3/3
-
Commitment applies to all regions, suppliers and operationNo0/1.3
-
Target dateCurrent/achieved0.7/0.7
-
Interim target dateNA (target date current or achieved or 2022)0.3/0.3
-
-
Commitment to a traceable supply chain0/6
-
Commitment detailsNo traceability commitment0/4
-
Commitment applies to all regions, suppliers and operationNo0/1.3
-
Target dateNo target date0/0.7
-
Interim target dateNo0/0.3
-
-
-
Social Considerations5/18
-
Labour rights in the supply chainYes4/4
-
Inclusion of small-scale farmersNo0/4
-
Gender equality in the supply chainCommitment to address gender related labour rights including discrimination and harassment1/4
-
Commitment to remediationNo0/2
-
Commitment to ensure Free, Prior and Informed ConsentNo0/4
-
Commitment to resolve land conflictsNo
-
-
Reporting and Implementation18/50
-
Reporting against commitments0/2
-
Commitment to protect priority forestsYes, for all commodity exposure1.7/1.7
-
Commitment to reduce use of virgin wood fibreYes, for partial or unclear commodity exposure0.8/1.7
-
Commitment to a traceable supply chainNo0/1.7
-
-
Reporting is independently verified1/1
-
Commitment to protect priority forestsYes, using a third-party verification scheme or certification scheme.1/1
-
Commitment to reduce use of virgin wood fibreNo0/1
-
Commitment to a traceable supply chainNo0/1
-
-
Suppliers aligned with deforestation commitments across supply chainNo0/2
-
Deforestation cut off dateNo0/2
-
Collaborative actionsNo0/2
-
Risk assessments for forest riskNo0/2
-
Operations assessed to comply with lawYes2/2
-
Accessible grievance mechanismYes, publicly accessible grievance mechanism2/4
-
Report volumes of commodityNo reporting0/2
-
Report verified volumes of commodity100%6/6
-
Upstream: Monitor compliance with human rightsNo0/4
-
Downstream: Publishing supplier listsNo0/4
-
Downstream: Monitor compliance in supply chainYes, for its suppliers3/4
-
Downstream: Reporting hectares of deforestationNo0/4
-
Downstream: Engagement with non-compliant suppliersBlacklist non-compliant suppliers without engagement1/2
-
Downstream: Disclosure of non-compliant suppliersNo disclosure0/2
-
-
-
Soy16/88
-
Commitment Strength1/20
-
Commitment to protect priority forests1/11
-
Commitment detailsSustainability commitment/other1.3/8
-
Commitment applies to all regions, suppliers and operationNo0/2
-
Target dateNo target date0/1
-
Interim target dateNo0/0.5
-
-
Commitment to a traceable supply chain0/9
-
Commitment detailsNo traceability commitment0/5.3
-
Commitment applies to all regions, suppliers and operationNo0/2
-
Target dateNo target date0/1
-
Interim target dateNo0/0.5
-
-
-
Social Considerations5/18
-
Labour rights in the supply chainYes4/4
-
Inclusion of small-scale farmersNo0/4
-
Gender equality in the supply chainCommitment to address gender related labour rights including discrimination and harassment1/4
-
Commitment to remediationNo0/2
-
Commitment to ensure Free, Prior and Informed ConsentNo0/4
-
Commitment to resolve land conflictsNo
-
-
Reporting and Implementation10/50
-
Reporting against commitments0/3
-
Commitment to protect priority forestsYes, for all commodity exposure2.5/2.5
-
Commitment to a traceable supply chainNo0/2.5
-
-
Reporting is independently verified0/2
-
Commitment to protect priority forestsNo0/1.5
-
Commitment to a traceable supply chainNo0/1.5
-
-
Suppliers aligned with deforestation commitments across supply chainNo0/2
-
Deforestation cut off dateNo0/2
-
Collaborative actionsNo0/2
-
Risk assessments for forest riskNo0/2
-
Operations assessed to comply with lawYes2/2
-
Accessible grievance mechanismYes, publicly accessible grievance mechanism2/4
-
Report volumes of commodityNo reporting0/2
-
Report verified volumes of commodityNo disclosure0/6
-
Upstream: Monitor compliance with human rightsNo0/4
-
Downstream: Publishing supplier listsNo0/4
-
Downstream: Monitor compliance in supply chainYes, for its suppliers3/4
-
Downstream: Reporting hectares of deforestationNo0/4
-
Downstream: Engagement with non-compliant suppliersNo engagement or exclusion0/2
-
Downstream: Disclosure of non-compliant suppliersNo disclosure0/2
-
-
-
-
Commitment strength9/20
-
Reporting and Implementation20/50
-
Social considerations8/18
Profile
Ferrero Group is an Italian family-owned confectionary company. Famous brands include Nutella, Kinder, Tic Tac, and Ferrero Rocher. The company operates in over 50 countries, and is one of the largest chocolate manufactures in the world. Ferrero Group is selected as a powerbroker for palm oil, soy and paper packaging.
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Disclaimer
This assessment has been carried out following the methodology developed for the Forest 500 project, available here. Please see our disclaimer applicable to all information contained within this site and our terms and conditions for use of data presented on this site.
All assessments use policies published on company and financial institution websites, and while we endeavor to keep them updated some links may have changed or been removed since the time of assessment.
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